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Real Estate Broker LicenseThe Bureau of Commercial Services, Licensing Division
within the Department of Licensing and Regulatory Affairs licenses real estate brokers. The Michigan Board
of Real Estate Brokers and Salespersons was created under Article 25 of Public
Act 299 of 1980, as amended, to license and regulate the practice of real
estate brokers and salespersons in New! Renewals for these tasks are accessible through the Michigan Business One Stop portal. A. NAME OF LICENSE OR APPROVAL: Broker License Application for Corporations
form Broker License Application for a Limited
Liability Company (LLC) Broker License Application for a Partnership
or Limited Partnership Associate Broker License Application
Broker - Branch Office License Application
form Other Real Estate Broker forms
B. STATUTORY AUTHORITY: PA 299 of 1980 (Occupational Code) Article
25
C. APPLICABLE REGULATION:
D. SUMMARY OF LICENSE/APPROVAL PROCESS: 1.
Applicability (activities that require a license)
Article 25 defines a real estate broker as an individual or an entity, who
with intent to collect or receive a fee, compensation, or valuable
consideration, sells or offers for sale, buys or offers to buy, provides or
offers to provide market analysis, lists or offers or attempts to list, or
negotiates the purchase or sale or exchange or mortgage of real estate, or
negotiates for the construction of a building on real estate; who leases or
offers or rents or offers for rent real estate or the improvements on the real
estate for others, as a whole or partial vocation; who engages in property
management as a whole or partial vocation; who sells or offers for sale, buys
or offers to buy, leases or offers to lease, or negotiates the purchase or sale
or exchange of a business, business opportunity, or the goodwill of an existing
business for others; or who, as owner or otherwise, engages in the sale of real
estate as a principal vocation. 2.
Pre-Application Requirements
An applicant for a broker license must meet all requirements for licensure
before submitting an application to the Department. Successful broker license
exam candidates will be provided an Associate Broker License Application with
their passing score notification. Other types of broker license applications
(Individual, LLC, Corporation, Partnership) can be
found at forms and publications on our website.
An application must verify required real estate experience and successful
completion of all required education. Some applicants will be required to
provide other documentation depending upon their background, e.g. all
applicants must possess good moral character; applicants who currently hold, or
have ever held a real estate license in another state or jurisdiction must
submit a current letter of good standing from each regulatory entity.
3.
Application Submission Requirements
Applicants must submit a signed application form and the information that is
specified in Article 25 of P.A. 299 of 1980, as amended (Occupational Code)
laws and/or rules and directions for completing an application. 4.
Procedures and Time-Frame for Obtaining License or Approval
N/A 5.
Operational Requirements
N/A 6.
Fees
Real Estate License Fees (Public Act 77 of 2007, effective
September 30, 2007 maintained the application processing fees at current levels
through September 30, 2012):
*Department-wide policy requires issuance of next cycle's expiration date if
the license that will be issued will have a term of less than 120 days (4
months) therefore we start issuing licenses with an expiration dates of October
31, 2012 in July 2009.
Examination fees: Register by visiting the PSI Services, LLC (PSI)
website at PSI
Services, LLC and follow the instructions.
7.
Appeal Process
For the occupations regulated under the Occupational Code, this generally
describes the procedure that is followed when an applicant for a license has
received a formal denial of the application. The Code calls what they file a
Petition for Review and requires that the Department receive it within 30 days.
The appeal/petition is placed on the board agenda for the next regularly
scheduled board meeting. The Petitioner files a written request to appeal that
is accompanied by any documents, which would substantiate their reason why the
denial should be overturned and a license granted. The two main categories of
denial are: lack of good moral character and failure to meet the license
requirements (lack of education, experience, failed exam, etc.) The Board and Department
hear the appeal/Petition during the meeting. The Board vote must be agreed upon
by the Department; in case of the Board voting to overturn the denial and the
Department disagreeing (wanting the denial to stand), the Department has the
final decision. If the Petitioner is in attendance, the Petitioner knows the
outcome then but either way a letter outlining the results is mailed to the
Petitioner. Should the Petitioner wish to appeal an upheld denial determination
made at the Board meeting, the next step would be filing in Circuit Court. If
the occupation is not under the Occupational Code, the Bureau Director would
hear the appeal and any upheld denial by the Bureau Director could also be
appealed to Circuit Court. 8.
Public Input Opportunities
The public has an opportunity to provide input in various ways. Typical
opportunities for input are when administrative rules are being considered at a
Public Hearing. The public has an opportunity to address specific draft rules
or the rule set overall either in writing or by testimony at the hearing. At
open Board Meetings, the public is given an opportunity to address the board on
either specific items or in general. At any time a member of the public wishes
to address a Bureau practice, policy or procedure, a letter to the Bureau
Director may be sent. The Bureau also receives many inquiries or comments by
way of letters to the Governor regarding Bureau operations or specific
licensure applications.
Creation/Revision Date: September 29, 2010 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
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